BUILDER & INVESTMENT ALERT zoned M-CG d75 in the sought-after inner city community of Tuxedo Park on this PRIME 5995 SqFt RECTANGULAR FLAT LOT (50x120ft) only A BLOCK AWAY FROM Georges P. Vanier SCHOOL & COMMUNITY PARK SPACE & within WALKING DISTANCE TO BUS STOPS & only a few short blocks to the future Green Line LRT along Centre Street. RARE QUIET MID-BLOCK LOCATION, with the highly-desirable M-CG d75 ZONING allowing for 4-PLEX development, next to an under-construction townhome project & surrounded by a mixture of charming bungalows & custom infills. This SOUTH-FACING LOT has an updated bungalow with NEW VINYL FLOORING, BASEBOARDS & INTERIOR PAINT, spacious kitchen with built-in storage, 2 bedrooms & detached 2 car garage. You'll love the great-sized living room with its sunny sunroom addition with vaulted ceilings & expanse of windows. The kitchen has plenty of cabinet space & all appliances included. Both bedrooms are bright & airy, with good closet space & full bath with laundry chute to the basement. The den/family room addition looks out into the backyard & has a large private deck. Unspoiled lower level with laundry & excellent space for storage or rec room. New vinyl flooring and baseboards in 2022 & the ROOF on the house was REPLACED in 2015. FOR THE BUILDERS, while you are working on the plans & permits for your next project, use the home as investment with possibly $2000 to $2500 in rental income every month. Unbeatable location only a block away from school & greenspaces, quick access to bus stops on Edmonton Trail & Centre Street, & when the Green Line of the highly-anticipated LRT extension is complete, you'll be within easy reach of the LRT station on Centre Street at 28 Avenue.